EUR/USD Technical Analysis Daily Chart Good day, fellow forum and trader! We continue to analyze the market situation for the EUR/USD pair. We open the daily chart and see that the descending price channel was previously broken by breaking through...
Daily Analysis of USDCAD on 1-Hour Time Frame Current Price Overview Today, we focus on the USDCAD currency pair, which is currently trading around the level of 1.4179. Our analysis will delve into the nearest supply and demand zones, with supply...
Trading With Megaphone Chart Pattern The Megaphone pattern is a technical chart formation characterized by increasing price volatility over time. It features higher highs and lower lows, forming a shape that resembles a megaphone or broadening...
West Texas Intermediate (WTI) crude oil prices continued their upward trend in early Asian trading on Wednesday, hovering around $71.70. The primary driver behind this price increase is growing concern over potential supply disruptions stemming from...
Market Analysis: NZDJPY Date: February 19, 2025 The outlook for the New Zealand Dollar (NZD) against the Japanese Yen (JPY) suggests a potential weakening of the NZD following the Reserve Bank of New Zealand's (RBNZ) recent announcement regarding...